Lord Of The Rings TV Series A Go At AMAZON
Middle Earth is coming back to life as Amazon green lights a multi-season version of ‘Lord Of The Rings’. In it’s quest to dominate the world including entertainment Amazon has secured the rights from the Tolkien family and will try to create the next big ‘Game Of Thrones’ success on TV with a multi-series commitment to the land of hobbit’s.
Deadline is reporting that Amazon, Netflix and HBO had been approached by the Tolkien estate, who had been shopping the project. It came with an upfront rights payment said to be in the $200 million-$250 million range, and I hear Amazon landed the rights by paying close to $250 million. That is just for the rights, before any costs for development, talent and production, in proposition whose finances industry observers called “insane.” It is a payment that is made sight unseen as there is no concept, and there are no creative auspices attached to the possible series. On top of that, the budget for a fantasy series of that magnitude is likely to be $100 million-$150 million a season.
The Lord of the Rings is an epic high fantasy novel written by English author and scholar J. R. R. Tolkien. The story began as a sequel to Tolkien’s 1937 fantasy novel The Hobbit, but eventually developed into a much larger work.